Pason Systems (FRA:3PS) PB Ratio : 2.70 (As of May. 07, 2024)

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What is Pason Systems PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-07), Pason Systems's share price is €10.90. Pason Systems's Book Value per Share for the quarter that ended in Mar. 2024 was €4.04. Hence, Pason Systems's PB Ratio of today is 2.70.

The historical rank and industry rank for Pason Systems's PB Ratio or its related term are showing as below:

FRA:3PS' s PB Ratio Range Over the Past 10 Years
Min: 1.32 Med: 3.49 Max: 7.22
Current: 2.61

During the past 13 years, Pason Systems's highest PB Ratio was 7.22. The lowest was 1.32. And the median was 3.49.

FRA:3PS's PB Ratio is ranked worse than
84.72% of 995 companies
in the Oil & Gas industry
Industry Median: 1.24 vs FRA:3PS: 2.61

During the past 12 months, Pason Systems's average Book Value Per Share Growth Rate was 19.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Pason Systems was 72.90% per year. The lowest was -11.10% per year. And the median was 9.00% per year.

Back to Basics: PB Ratio

Pason Systems PB Ratio Historical Data

The historical data trend for Pason Systems's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pason Systems PB Ratio Chart

Pason Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.23

2.07

2.98

3.31

3.11

Pason Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															2.39	2.27	2.71	3.11	2.67

Competitive Comparison of Pason Systems's PB Ratio

For the Oil & Gas Equipment & Services subindustry, Pason Systems's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pason Systems's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pason Systems's PB Ratio distribution charts can be found below:

* The bar in red indicates where Pason Systems's PB Ratio falls into.

Pason Systems PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Pason Systems's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	10.90	/	4.039
	=	2.70

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Pason Systems (FRA:3PS) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Pason Systems PB Ratio Related Terms

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Pason Systems (FRA:3PS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pason Systems Inc (FRA:3PS) » Definitions » PB Ratio

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Traded in Other Exchanges

PSYTF:USA PSI:Canada

Address

6130 Third Street SE, Calgary, AB, CAN, T2H 1K4

Website

https://www.pason.com

Pason Systems Inc is an oilfield specialist with fully integrated drilling data solutions. A host of products allow customers to collect, manage, report, and analyze drilling data for performance optimization and cost control. The electronic drilling recorder is the company's primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. Other product offerings include wellbore detection solutions, wellsite communications and bandwidth, wellbore gas analyzers, and software for data management. The company operates in three geographic segments: Canada, the United States, and International (Latin America, Offshore, the Eastern Hemisphere, and the Middle East).

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